TotalEnergies to sell 85% stake in Malaysian gas asset for $350M

Seeking Alpha ·

TotalEnergies ( TTE ) said Thursday it agreed to sell its 85% non-operated interest in Block 2E offshore Malaysia for $350M to Japanese energy firm Inpex. The sale, representing a net interest of 8.5% in the Marjoram gas field currently under development, unlocks the value

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